GST revenue collection exceeds Rs 1 lakh crore in April, FM hopes it to rise further

The total revenue collection under the Goods and Services Tax ( GST ) regime rose to Rs 103,458 crore during April 2018, official data showed on Tuesday. According to the Ministry of Finance, the average monthly collection under the GST regime for the last eight months -- August 2017-March 2018 -- was Rs 89,885 crore. "The total gross GST revenue collected in April 2018 is Rs 103,458 crore of whic…